EB Options History — August 2021

In August 2021, EB traded between $15.69 and $18.14. ATM implied volatility averaged 59.2%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 11.0% (HV 20d: 48.2%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.79.

Notable Days

  • 2021-08-16: Highest Volume — 2,423 contracts
  • 2021-08-06: Largest IV drop — 39.3% change
  • 2021-08-05: Highest IV Rank — 46.1%
  • 2021-08-04: Largest Expected Move — 24.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.25$15.69$18.14$17.61$17.65
Max Pain$17.39$15.00$20.00$15.00$17.50
ATM IV59.2%49.2%90.2%78.7%49.2%
Expected Move16.6%14.1%24.6%22.6%14.1%
HV 20d48.2%44.4%60.2%60.0%45.3%
HV 60d43.1%40.2%47.8%47.8%45.0%
IV Rank15.1%3.6%46.1%33.9%3.6%
IV Percentile21.8%2.0%85.3%69.4%2.0%
Term Structure-2.0%-19.6%2.8%-14.4%2.8%
VWIV57.9%44.4%87.1%80.3%44.4%
Skew 25d5.6%3.0%8.4%3.0%7.1%
Skew 10d16.8%-5.5%36.9%27.1%15.0%
Call IV 25d57.3%48.5%85.9%81.8%51.3%
Put IV 25d62.9%55.4%90.5%84.9%58.3%
Bid-Ask Spread %56.0526.6183.9635.3083.96
Gamma HHI0.340.290.390.380.31
Net GEX293.4K220.1K399.5K240.8K316.5K
Net DEX-10.8M-13.9M-6.9M-10.7M-12.7M
Net VEX-64.6K-72.5K-55.3K-65.1K-69.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.014.854.850.45
Total Volume603.091592,423117266
Total OI21,840.72719,45624,07419,45621,640

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$17.61$15.0078.7%22.6%60.0%33.9%80.3%3.0%-14.4%240.8K-10.7M-65.1K4.8535.30N/AN/A209716,7452,711
2021-08-03$17.31$15.0079.9%22.9%60.2%35.2%82.5%5.5%-16.2%228.1K-9.7M-62.7K2.5446.30N/AN/A7920116,7322,735
2021-08-04$17.20$15.0085.9%24.6%51.6%41.6%87.1%4.5%-19.6%226.3K-9.5M-62.7K0.1037.30N/AN/A7507216,7362,825
2021-08-05$17.74$20.0090.2%19.0%50.8%46.1%68.1%4.0%-9.0%236.1K-10.8M-64.2K0.1680.69N/AN/A1,68227316,7512,927
2021-08-06$17.89$20.0054.8%15.2%46.7%8.6%53.0%4.4%-0.7%285.1K-11.4M-64.3K0.6165.80N/AN/A42526017,4942,946
2021-08-09$17.37$17.5055.7%15.4%48.0%12.6%54.4%3.5%0.2%355.0K-10.9M-62.7K0.5568.86N/AN/A20911419,3053,177
2021-08-10$17.35$17.5057.4%15.5%45.5%14.9%61.0%5.0%-0.9%359.8K-10.8M-62.3K0.4968.16N/AN/A1256119,4473,058
2021-08-11$17.76$17.5052.8%15.1%46.1%8.6%53.4%3.7%0.3%398.3K-12.2M-63.0K0.2448.84N/AN/A3307919,5923,109
2021-08-12$17.84$17.5052.2%15.0%45.9%7.7%52.5%3.0%0.7%399.5K-12.4M-64.0K0.0330.45N/AN/A1,0783619,5943,103
2021-08-13$17.70$17.5052.7%15.1%45.1%8.4%51.9%4.0%0.7%398.1K-11.9M-61.8K2.1026.61N/AN/A418619,6033,119
2021-08-16$16.76$17.5052.3%15.0%48.3%7.9%52.3%5.9%0.7%328.4K-9.3M-60.5K0.0179.35N/AN/A2,4002320,4783,150
2021-08-17$15.95$17.5057.0%16.3%48.8%14.5%54.8%7.0%-0.4%227.2K-6.9M-55.3K0.0438.24N/AN/A2,2209920,6463,155
2021-08-18$16.24$17.5057.5%16.5%46.4%15.2%51.8%5.2%-1.3%230.8K-8.2M-60.0K0.2366.87N/AN/A741720,7993,128
2021-08-19$15.69$17.5058.5%16.8%47.6%16.5%57.9%7.3%-0.2%229.2K-7.4M-58.7K0.2458.64N/AN/A90821420,8763,120
2021-08-20$16.06$17.5058.1%16.7%45.9%16.0%54.7%6.9%-0.0%220.1K-8.6M-61.0K1.3645.59N/AN/A253420,9823,092
2021-08-23$16.96$17.5052.8%15.1%47.8%8.6%55.1%7.1%0.9%270.5K-10.8M-67.7K0.2546.23N/AN/A1924818,6972,378
2021-08-24$17.35$17.5051.7%14.8%48.0%7.1%54.3%7.6%2.5%291.0K-11.7M-71.0K1.7960.54N/AN/A335918,7072,392
2021-08-25$17.66$17.5052.4%15.0%46.3%8.0%51.1%7.9%1.8%296.7K-12.6M-71.0K0.2974.77N/AN/A1163418,8322,426
2021-08-26$17.67$17.5051.3%14.7%46.3%6.5%51.4%8.4%2.8%290.7K-12.7M-70.7K0.1355.59N/AN/A2242918,8262,489
2021-08-27$18.14$17.5050.5%14.5%44.4%5.3%49.7%6.9%2.5%321.4K-13.9M-72.5K0.2272.25N/AN/A932018,8792,514
2021-08-30$17.59$17.5051.2%14.7%45.8%6.4%51.2%5.6%1.8%305.9K-12.7M-69.6K0.6542.70N/AN/A744819,0462,535
2021-08-31$17.65$17.5049.2%14.1%45.3%3.6%44.4%7.1%2.8%316.5K-12.7M-69.5K0.4583.96N/AN/A1848219,0852,555